JAMB Accounting 2020 Objective — Question 23

Question 23 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2020 Objective paper, with the correct answer and a full explanation.

23. The total in the manufacturing account is

A. A. Prime cost
B. B. Overhead cost
C. C. Cost of sales
D. D. Cost of finished goodsCorrect

Explanation

The total amount in the manufacturing account indicates the cost of finished goods that will be transferred to the trading account.

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